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January, 2021: 3 10
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
1/3/21-Since the prior entry (12/22/20), there have been no buys and sales among our basic 25 holdings. They therefore remain: AWF; BHK; BL; CDNS; CRWD; CTRE; DDOG; DHT; DOCU; NAVI; NET; PAYC; PFE; PFG; PKBK; RDFN; SNOW; TRTN; UPWK; VBR; VIOO; VOO; VTV; XLE; and ZG.
For 2021, we are shooting for a new minimum total dividend goal of $54,000. As noted in the most recent prior entry, several of the basic 25 securities have above average yields, and this should facilitate that target.
Since 12/22/20, liquid assets are down $8264 or 0.44%. They total $1,859,655 effective at the market closing on 12/31/20. Remarkably, since the lowest portfolio level noted in 2020 (last May), our assets have risen $475,843.
Net total assets (including real estate and all other holdings) are up 14.29% since the end of 2019, a gain for the 2020 year of $271,992. The nest egg total at the end of last year stood at $2,175,425. Though I am not a market timer, it is hard to ignore that there are strong headwinds against equity markets in the year ahead. It may prove to be at least as interesting a time for investors as the 12 months just concluded.
Here's to a both personally and financially enriching new year!
1/10/21-Since the prior entry (1/3/21), the following were sold from our basic 25 holdings: CDNS; PAYC; PFG; and TRTN. Bought to replace them were: ASML; PYPL; STAA; and VZ. The basic 25, then, are now as follows: ASML; AWF; BHK; BL; CRWD; CTRE; DDOG; DHT; DOCU; NAVI; NET; PFE; PKBK; PYPL; RDFN; SNOW; STAA; UPWK; VBR; VIOO; VOO; VTV; VZ; XLE; and ZG.
For 2021, we remain on track for $54,000 in annual dividends from portfolio assets.
Since 1/3/21, our liquid assets are up $61,166 or 3.29%. Effective at this past Friday's market closing, they total $1,920,821.
Net total assets (including real estate and all other holdings) are up 2.81% from their end of 2020 level and now stand at $2,236,661.
Since investors' expectations for 2021 seem greater than may be easily realized, am wanting to assure we can purchase securities at the greater bargain levels that may arise before year's end. I had hoped for our nest egg to achieve $2,160,000 by the end of 2021, a respectable rise of 8% for a balanced approach (since attaining a $2,000,000 target in 2020). Yet the 2021 goal having already been reached, it appears prudent to increase bond and reserve assets against the likelihood of significant market drops over the coming months. I am not managing this in a market timing way but simply by rebalancing when equities continue to exceed the intended level of 67% of total liquid assets.
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I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.